What’s hot and what’s not in the HVACR world.
DOWN: The U.S. Senate’s Base Erosion Anti-Abuse Tax provision will harm the renewable energy sector by putting global clean-energy investments at risk.
UP: ASHRAE released the 2017 edition of the thermal comfort standard, which includes a requirement to calculate the impact of direct solar radiation on occupants’ thermal comfort.
DOWN: The Trump administration is seeking to repeal Obama’s Clean Power Plan, the 2015 legislation meant to reduce carbon emissions from power plants across the United States.
UP: According to Business Insider, the global unitary HVAC systems market is expected to have a compound annual growth rate of 6.71% between 2017 and 2021.
UP: The global net-zero energy buildings (NZEBs) market is anticipated to hit $78.79 billion by 2025, according to a new report by Grand View Research, Inc.